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GND Tail Candle

A tall upper shadow occurs when the price moves during the period, but goes back down, which is a bearish signal. A tall lower shadow forms when bears push the price down, but bulls pull it back up, which leaves a long line or shadow. This is considered a bullish signal.

Some technical analysts believe a tall or long shadow means the stock will turn or reverse. Some believe a short or lower shadow means a price rise is coming. In other words, a tall upper shadow means a downturn is coming, while a tall lower shadow means a rise is coming.

Input Parameters

  • On Alert - True/False (displays a message in a separate window).
  • On Send Notification = True/False. (Sends push notifications to the mobile terminals, whose MetaQuotes IDs are specified in the "Notifications" tab. (Strict use restrictions are set for the SendNotification() function: no more than 2 calls per second and not more than 10 calls per minute. Monitoring the frequency of use is dynamic. The function can be disabled in case of the restriction violation.))
  • Max Bar - Numbers of bars.


Parameters in chart

  • Tail Candle - Distance of tail candle.
  • Tail Candle Reverse - Number percent (Plus percent when reverse).






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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
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